Payroll Associate

Group Overview

The TP ICAP Group is a world leading provider of market infrastructure.

Our purpose is to provide clients with access to global financial and commodities markets, improving price discovery, liquidity, and distribution of data, through responsible and innovative solutions.

Through our people and technology, we connect clients to superior liquidity and data solutions.

The Group is home to a stable of premium brands. Collectively, TP ICAP is the largest interdealer broker in the world by revenue, the number one Energy & Commodities broker in the world, the world’s leading provider of OTC data, and an award winning all-to-all trading platform.

Founded in London in 1866, the Group operates from more than 60 offices in 28 countries. We are 5,300 people strong.  We work as one to achieve our vision of being the world’s most trusted, innovative, liquidity and data solutions specialist.

Role Overview

The Payroll Associate plays a key role in delivering accurate, compliant, and efficient payroll operations across multiple jurisdictions in the region. Working as part of the Global Payroll Organisation (GPO), the role is responsible for overseeing end-to-end payroll processing, partnering closely with HR, Reward, Global Mobility, Finance, and external payroll providers to ensure employees are paid accurately and on time.

Role Responsibilities

Job Duties

• Provide local experience and expertise, whilst supporting the Global Payroll Organisation (GPO) model
• Manage a local Payroll team, ensuring the required support and cross training is provided
• Accurate and timely processing of all payrolls
• Provide advice and guidance to staff, management and HR
• Ensure all international relocations are processed accurately through payroll
• Work closely with internal teams (HR, Reward, Global Mobility, Finance)
• Liaise with staff and management on payroll related queries, escalating when necessary
• Contribute to ad-hoc reporting and projects when required
• Liaise with external payroll providers ensuring the accurate and timely processing of payrolls
• Share awards and the associated payroll processing
• Actively support the setup of new payrolls in new locations
• Proactively identify opportunities for automation/process improvement
• Support Audit requests
• Maintain an up-to-date knowledge of company and legislative requirements in TP ICAP locations whilst advising colleagues on the impact
• Provide input into team objectives and contribute to the year-end appraisal process

Experience / Competences

Essential

• Proven experience in end-to-end payroll processing, ideally across multiple APAC jurisdictions.
• Strong understanding of payroll legislation, compliance requirements and payroll controls.
• Experience working with external payroll providers to deliver accurate and timely payroll outcomes.
• Demonstrated ability to manage complex payroll activities, including international assignments, relocations and cross-border payroll matters.
• Strong HR/payroll systems capability, with a focus on data accuracy, employee record integrity and payroll input validation.
• Ability to advise employees, HR and management on payroll-related queries in a clear, professional and service-focused manner.
• Experience supporting payroll audits, reconciliations, reporting and issue escalation.
• Strong attention to detail, analytical capability and ability to work to strict payroll deadlines.
• Collaborative working style, with experience partnering across HR, Reward, Global Mobility and Finance teams.
• Continuous improvement mindset, with the ability to identify opportunities for automation, simplification and process improvement.
• Ability to support junior team members through coaching, knowledge sharing and cross-training.

Desired

• Experience in a regional or global payroll environment, preferably within a GPO, shared services or finance operations model.
• Experience supporting new payroll implementations, payroll transitions or payroll provider changes.
• Exposure to share awards, Sell to Cover processes, expatriate payroll, tax equalisation or foreign tax credit relief arrangements.
• Experience in financial services, professional services or another regulated environment.
• Advanced Excel, reporting and payroll reconciliation capability.
• Experience working across Hong Kong, Singapore, Philippines and/or broader APAC payroll environments.

Job Band & Level

·         Professional / 4 or 5